Legacy Housing Corporation Names Max Africk as General Counsel

Rhea-AI Summary

Legacy Housing Corporation (NASDAQ: LEGH) has appointed Max Africk as General Counsel, succeeding Thomas Osier who left the company in late 2022. CEO Duncan Bates expressed enthusiasm over Africk's extensive legal expertise, which is expected to support the company's operations as a public entity and foster growth. Africk, 33, previously worked at King & Spalding LLP and other prominent law firms, and he holds degrees from the University of North Carolina and the University of Texas. Legacy Housing specializes in building, selling, and financing manufactured homes, positioning itself as the fifth largest U.S. producer of such homes.

Positive

• Appointment of Max Africk as General Counsel enhances legal expertise and support for public operations.
• Expectation of accelerated business growth with Africk's addition to the leadership team.

Negative

• None.

BEDFORD, Texas, March 13, 2023 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (the "Company," NASDAQ: LEGH) announced today that Max Africk has joined the Company as General Counsel.

Duncan Bates, Chief Executive Officer, stated: “I am excited for Max to join our team as General Counsel. He is a skilled attorney who brings extensive legal knowledge that will assist us in operating as a public company and growing our business. Max is a key addition to our leadership team, and I look forward to working with him.”

Mr. Africk replaces Thomas Osier, who departed the Company in late 2022.

Max Africk Bio

Mr. Africk (33) most recently served as an attorney at King & Spalding LLP, where his practice focused on complex commercial litigation. Prior to joining King & Spalding, Mr. Africk served as an attorney at Weil, Gotshal & Manges LLP and Petrillo Klein & Boxer LLP. Mr. Africk received his undergraduate degree from the University of North Carolina at Chapel Hill and his law degree from the University of Texas School of Law. After graduating from law school, Mr. Africk served as law clerk to the Honorable Brian A. Jackson, United States District Court for the Middle District of Louisiana, and the Honorable W. Eugene Davis, United States Court of Appeals for the Fifth Circuit.

About Legacy Housing Corporation

Legacy builds, sells, and finances manufactured homes and "tiny houses" that are distributed through a network of independent retailers and company-owned stores. The Company also sells directly to manufactured housing communities. Legacy is the fifth largest producer of manufactured homes in the United States as ranked by the number of homes manufactured based on the information available from the Manufactured Housing Institute. With current operations focused primarily in the southern United States, we offer our customers an array of quality homes ranging in size from approximately 395 to 2,667 square feet consisting of 1 to 5 bedrooms, with 1 to 3 1/2 bathrooms. Our homes range in price, at retail, from approximately $33,000 to $180,000.

Investor Inquiries:
Shane Allred, (817) 799-4900
investors@legacyhousingcorp.com

or

Duncan Bates, (817) 799-4837
duncanbates@legacyhousingcorp.com

Media Inquiries:
Kira Hovancik, (817) 799-4905
pr@legacyhousingcorp.com

FAQ

Who is the new General Counsel of Legacy Housing Corporation (LEGH)?

Max Africk has been appointed as the new General Counsel.

What did Legacy Housing Corporation announce on March 13, 2023?

Legacy Housing Corporation announced the appointment of Max Africk as General Counsel.

What is the significance of Max Africk's appointment for LEGH investors?

Max Africk's appointment is expected to enhance legal support and potentially drive business growth for LEGH.

Who did Max Africk replace at Legacy Housing Corporation?

Max Africk replaced Thomas Osier, who departed in late 2022.

What is Legacy Housing Corporation known for?

Legacy Housing Corporation is known for building, selling, and financing manufactured homes.